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The Year in Review

16/4/2015

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I know this is  a little late, but here it goes...

2014 was good, but not great, from a financial standpoint.  My net worth increased by 7.7% which is good, but not exactly up to where I want it to be.  I'd like for it to increase by at least 10%, but given the increase on average of 20% since the Great Recession I can't really complain. 

I'm getting bored with this market and while it's nice to see your net worth grow steadily, I guess that's what we're all after.  A nice crash where I could reload and find some great valuations would be much appreciated. 

My tax rate dropped precipitously due to moving many of my assets to tax advantaged accounts and/or real estate which would probably be classified as the same thing.  I've been doing this for a decade and it'll continue.  However, there are going to have to be some high tax rate years because I have a number of big capital gains that will need to be realized before I can continue this.  

This stock market I think is only going to increase at about 7% above inflation, which is actually great considering its valuation.  However, I think this will continue until the big crash before the end of the decade is out.  

I have a fair amount in the financial, energy, and currency markets, so hopefully these will outpace the market as a whole.  If I can get myself into a very liquid position with a nice 20% gain before the big crash I'll be in a splendid place to carpe diem! 

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    This website was created due to the atrociously misguided financial advice that I've heard over the decades.  Financial freedom is not intellectually strenuous, but it takes discipline. 

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